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2550 E Penedes Dr, Gilbert, AZ, 85298

$685,000

Home List Price

$8,134*

Closing Credit

5 Bedrooms
3 Baths
3,083 SqFt
$222/SqFt
House

Location

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2550 E Penedes Dr, Gilbert$685,000

Buyer Closing Credits

$8,134*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingElectric Door Opener, Extnded Lngth Garage, RV Gate
Garage3 spaces
Year Built2013
HeatingNatural Gas
FireplaceNone
MLS #6759038
Lot Size0.16 Acres
StatusActive

About 2550 E Penedes Dr

Experience elevated living in this upgraded Fulton home, nestled in the highly sought-after Freeman Farms. Ideally located next to the serene community waterfall and lake, this property offers a rare level of privacy with only one neighbor. The home comes equipped with owned solar panels, allowing new owners to enjoy energy efficiency. The first floor boasts a convenient guest room and bathroom, while the second floor is home to a luxurious primary suite with a generous sitting area. Step outside into a lush backyard with a vibrant lawn and a covered patio, ideal for gatherings and relaxation. Located just 5 minutes from Gilbert Regional Park's pickleball courts, this home also offers easy access the 202 freeway, SanTan Village, and the exciting new Epicenter development.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2013
  • Stories: 2
  • Living Area: 3,083 SqFt

Listing Office:

  • Office Name: DWEL LLC
  • Office Phone: (480) 650-8531
  • Listing Agent: Riley Rhodes

Interior Features

Interior Information:

  • Flooring Type: Vinyl, Tile
  • Interior: Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub, Granite Counters
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Covered Patio(s), Patio

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Electric Door Opener, Extnded Lngth Garage, RV Gate

Lot Features

Lot Information:

  • Lot: Sprinklers In Rear, Corner Lot, Desert Back
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $685,000
  • Price Per SqFt: $222/SqFt

HOA Fees:

  • Amount: $314
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,642
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Gilbert, AZ.

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Gilbert, AZ

City

Med. Sold Price

$585.2K

Med. Price/SqFt

$288

Avg. Days On Market

57

# of Sold Homes

236

2550 E Penedes Dr vs Gilbert

52 DAYS ON ROCKET

-5 Days

$685,000

+$99.7K More

$222/SqFt

-$66 Less

KEY TAKEAWAY

This property is $99.7K more than the Median Sold Price and $66/SqFt less than other homes in Gilbert, AZ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Arizona Regional Multiple Listing Service 2
  • MLS Number: #6759038

Listing Office:

  • Office Name: DWEL LLC
  • Office Phone: (480) 650-8531
  • Listing Agent: Riley Rhodes

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2024 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 8:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 12, 2016Home Sold
$353,000
Jan 31, 2014Home Sold
$360,442

Tax History

YEARPROP. TAXASSESSMENT
2021$2,642$33,510
2020$2,628$32,230
2019$2,444$29,220
2017$2,290$27,860

History based on county public records data.

Payment Calculator

$3,590

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,120

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-613116
10
/10

  • Chandler Traditional Academy - Freedom

  • 6040 S Joslyn Ln

  • 0.85 miles

  • Public District Grades PK-6

school-card-donut-613117
9
/10

  • Weinburg Elementary School

  • 5245 S Val Vista Dr

  • 1.19 miles

  • Public District Grades KG-6

school-card-donut-613118
10
/10

  • Bridges Elementary School

  • 5205 S Soboba St

  • 1.74 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,809. Residents of Gilbert, AZ typically earn between $35k-100k each year. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2550 E Penedes Dr

What is the listing price of this property?

The listing price of 2550 E Penedes Dr property is $685,000.

What type of property is this?

The property 2550 E Penedes Dr is a house located in Gilbert, Arizona, 85298.

Is this property for sale now?

Active Listing: 2550 E Penedes Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,642 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 12, 2016 for $353,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2550 E Penedes Dr has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2550 E Penedes Dr is 3,083 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2550 E Penedes Dr is 2013.

Rocket Homes›Arizona›Maricopa County›Gilbert›85298›2550 E Penedes Dr

This home is located at 2550 E Penedes Dr in Gilbert, AZ and zip code 85298 in the Freeman Farms neighborhood. This 3,083 square foot home, which was built in 2013, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $685,000.

In October 2024, from all listings sold in Gilbert, AZ there were more than 28 sold above asking price, over 138 sold below and more than 70 were sold right at the asked price. The number of listings in Gilbert, AZ increased by 4.4% between September 2024 and October 2024. The median list price of listings available in October 2024 was $585,235, while the average time on the real estate market was 57 days.

From Rocket Homes Real Estate and based on county public records data.

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